ISE FX Canadian Dollar ST: the upside prevails.

Update on supports and resistances.Pivot: 121.2Our preference: Long positions above 121.2 with targets @ 130 & 132.75 in extension.Alternative scenario: Below 121.2 look for further downside with 117.65 & 114.8 as targets.Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.138.5132.75130126.4 (last)121.2117.65114.8